British Columbia · CCAA
Order Made After Application (Approval and Vesting Order – Stonemark)
Approval and vesting order · 4 October 2024
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing6 verified
- closing termsVesting occurs upon the Monitor's receipt of the full Purchase Price and delivery of the Monitor's Certificate; Closing Date is 10 days after Court Approval, no later than October 14, 2024
- order date4 October 2024
- outside date14 October 2024
- presiding officerJustice Gropper
- purchaserStonemark Investments Ltd.
- sale outcometext: Court approved the sale of GSC's Vernon store assets (BCTF Owned Lands, inventory and chattels) to Stonemark Investments Ltd. for $3,200,000, with vesting upon delivery of the Monitor's Certificate · scope: parcel · status: approved